SBP reserves increase by $107m in a week
MG News | June 15, 2023 at 06:35 PM GMT+05:00
June 15, 2023 (MLN): The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $106.5 million or 2.72% WoW to $4.02 billion during the week ended on June 09, 2023, according to the data released by the central bank on Thursday.
Similarly, the country's total reserves rose by $43.4m or 0.46% WoW to $9.38bn.
The reserves held by commercial banks decreased by $63.1m or 1.16% WoW to $5.36bn.
| Foreign reserves held by | Jun 09, 2023 | Jun 02, 2023 | Change | % Change |
|---|---|---|---|---|
| State Bank of Pakistan | 4,018.70 | 3,912.20 | 106.50 | 2.72% |
| Net Foreign Reserves Held by Banks | 5,359.50 | 5,422.60 | -63.10 | -1.16% |
| Total Liquid Foreign Reserves | 9,378.20 | 9,334.80 | 43.40 | 0.46% |
Amount in USD Million
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